Cheniere Energy Target of Unusually High Options Trading (NYSEAMERICAN:LNG)

Cheniere Energy, Inc. (NYSEAMERICAN:LNG – Get Rating) was the target of unusually large options trading activity on Tuesday. Stock investors bought 12,102 put options on the stock. This represents an increase of 51% compared to the typical volume of 8,009 put options.

Cheniere Energy Trading Down 2.5 %

NYSEAMERICAN LNG opened at $151.02 on Wednesday. Cheniere Energy has a 12 month low of $104.81 and a 12 month high of $182.35. The company has a market cap of $37.55 billion, a price-to-earnings ratio of -9.89 and a beta of 1.00.

Cheniere Energy (NYSEAMERICAN:LNG – Get Rating) last released its earnings results on Thursday, November 3rd. The energy company reported $7.80 EPS for the quarter, topping analysts’ consensus estimates of $5.46 by $2.34. Cheniere Energy had a negative net margin of 12.40% and a negative return on equity of 249.96%. The company had revenue of $8.85 billion for the quarter, compared to analysts’ expectations of $8.04 billion. As a group, analysts expect that Cheniere Energy will post -7.54 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Vicky A. Bailey sold 2,700 shares of the company’s stock in a transaction dated Tuesday, January 3rd. The shares were sold at an average price of $141.50, for a total value of $382,050.00. Following the sale, the director now directly owns 33,862 shares of the company’s stock, valued at approximately $4,791,473. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.53% of the company’s stock.

Institutional Investors Weigh In On Cheniere Energy

A number of institutional investors have recently added to or reduced their stakes in the stock. Activest Wealth Management purchased a new position in shares of Cheniere Energy in the third quarter valued at $25,000. Optimum Investment Advisors grew its holdings in shares of Cheniere Energy by 133.3% in the fourth quarter. Optimum Investment Advisors now owns 175 shares of the energy company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Janiczek Wealth Management LLC purchased a new position in shares of Cheniere Energy in the second quarter valued at $30,000. Point72 Hong Kong Ltd purchased a new position in shares of Cheniere Energy in the third quarter valued at $36,000. Finally, Ronald Blue Trust Inc. purchased a new position in Cheniere Energy during the second quarter worth $30,000. 84.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LNG has been the topic of several recent analyst reports. Cowen cut their price objective on shares of Cheniere Energy from $195.00 to $185.00 and set an “outperform” rating on the stock in a research report on Friday, January 20th. Mizuho raised their price target on shares of Cheniere Energy from $174.00 to $208.00 and gave the company a “buy” rating in a report on Friday, November 4th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $220.00 price target on shares of Cheniere Energy in a report on Tuesday, November 22nd. Barclays dropped their price target on shares of Cheniere Energy from $200.00 to $192.00 and set an “overweight” rating on the stock in a report on Friday, January 13th. Finally, Citigroup dropped their price target on shares of Cheniere Energy from $205.00 to $190.00 and set a “buy” rating on the stock in a report on Monday, January 9th. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Cheniere Energy currently has an average rating of “Buy” and an average target price of $194.15.

Cheniere Energy Company Profile

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Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.